BitGuild

About

Sale details

Tokens

BitGuild — is a decentralized gaming platform built on blockchain. Games on the BitGuild platform will use the technology of smart contracts, accept the PLAT project token and have tokenized game items, that after the acquisition will belong to the player and will have access to the sale on the trading platform (Auction House).

The total supply of BitGuild PLAT tokens that will ever be created is 10 billion. The initial token amount is large in order to set a suitable price for microtransactions which occur on the platform. Available for Token Sale: 45%

The token sale will be composed of a private round and pre-ICO round for strategic and institutional investors followed by a public offering. Tokens sold during the private and pre-ICO rounds will be discounted but subject to certain lockup restrictions. Tokens will be sent out to contributors within 30 days of the completion of the sale.

Rate history

The first professional rating agency for the evaluation of digital assets DigRate has assigned a Quality Rate Medium with average score of 5.1/7.0 to BitGuild project.

The goal of BitGuild's founders is to create a decentralized gaming platform based on blockchain. The project team seeks to solve detrimental problems of the current video game industry for players and development companies. Market problems include: poor service conditions, expensive microtransactions, frequent phishing attacks, fraud and carding, the dominant monopoly position of large gaming companies, the inability to manage game assets outside one particular game. Developers plan to create a complex of services within the platform, with the help of which the companies-developers will be able to raise funds for their games, independent designers and programmers will be able to participate in the development of a certain part of the game or the design of the game subject, and players will be able to trade game assets and transfer them from one game to another.

The founder of the project has a successful experience confirmed by a functioning business. Reality Squared Games (R2Games) is a developer and publisher of browser and mobile games.

The project team reviewed several centralized online games within the competitive landscape analysis (World of Warcraft, League of Legends, Counter Strike), the main disadvantages of them are the overestimated value of game items, as well the fact that game users do not really own the game assets and at any time they can lose them in case of server failure or withdrawal from the game.

BitGuild plans to unite several services within a single platform, that is unique among other gaming blockchain projects, such as VRT World, the Abyss, Play2Live, Nitro, Playkey, etc.

BitGuild's founders plan to realize the opportunity for players to transfer game assets from one game to another (for example, when losing interest to the game) within the platform, that is a unique offer in the market, but it is difficult to implement such solution for games of different developers.

The team’s ambitious goal to develop a platform with the best games and create the largest community of independent game developers, designers, and players, can be achieved due to the high professionalism of the team, the development of the services complex for the various games players that is not offered by key market companies, as well as the implementation of user ownership rights to gaming assets and the possibility of their transferring to other games. Implementation of these plans will be possible if the project team will be able to establish close cooperation and integrate with the major game developers and decentralized gaming platforms, for example with Nitro, the Abyss, Playkey.

More information about the strengths and weaknesses of the project can be found in our review.

Rating scores express an opinion of Digital Rating Agency and do not have any fact-finding mission or recommendations to buy, own, sell any of the assets or take any investment decisions. Digital Rating Agency does not undertake any responsibility for any consequences, interpretations, judgements, recommendations and other actions directly or indirectly related to the rating score, the rating assessments from Digital Rating Agency, any summary and conclusions contained in the rating report and rating releases, or the absence of abovementioned. The only source, depicting the real state of the rating score, is the official site www.digrate.com

Rating scores express an opinion of Digital Rating Agency and do not have any fact-finding mission or recommendations to buy, own, sell any assets and take any investment decisions. Digital Rating Agency does not undertake any responsibility for any consequences, interpretations, judgements, recommendations and other actions directly or indirectly related to the rating score, the rating operations conducted by Digital Rating Agency, any summary and conclusions contained in the rating report and rating releases, or the absence of abovementioned. The only source, depicting the real state of the rating score, is official site www.digrate.com